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OK so I need some advice.
In 2018 I bought a fully occupied mixed used building in South Jersey. A 2 bedroom apt upstairs and a day care was operating downstairs. Both occupied and was immediately cash flowing about...
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Hello all, I'm thinking about renting out a condo unit whenever I travel. I know people often say condos might not be the best investment due to HOA stuff, but I still want to run the numbers. My idea is to live at th...
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I've located a townhouse that fits all of my criteria (bedrooms, baths, price, garage, location, age, and potential cash flow) exempt one... it's a townhouse! I never expected to start off with a townhouse as my firs...
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I purchased my property in October 2018... however I did not list it on Airbnb until January 2019...therefore I had no rental income in 2018.Can I still deduct expenses such as mortgage interest, property taxes, depre...
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My son who turned 18 in Jan, has been working for the school district and was approved for a conventional loan. The only issue is he's only approved for $180k. There is nothing habitable in or around Albany Oregon for...
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Comment below if you're monitoring the forums for: Harrisonburg, Bridgewater, Front Royal, Rockingham County, Warren County, Virginia wine country, Staunton, Waynesboro, Shenandoah National Park, Massanutten Resort, M...
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I have done research already, but hoping for a quick primer on:I want to move some of my IRA into Self-Directed and use it for rental properties. I will purchase 1 or 2 homes using non-recourse loans, and I'm shopping...
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Dear all,One of our project will be done soon: 1 big flat that we have divided in 4 units. We would like to try a new business model for one unit in order to go through the process and see how it goes. The idea will b...
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I have been managing my own properties, can I pay myself as a property manager? Set up a different business? Pay my wife?
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I was wondering if someone could explain how a cash out refi works in more detail. This might be an option for me but wanted to get a greater understanding before I went into a local bank, I figure the less basic/ele...